9 Rent Increase Notice Template
Landlords name and contact info. Before doing it you have to send a rent increase letter template to the tenant and give them a proper reason and explanation.
Bc Rent Increase Notice Rtb 7 Ezlandlordforms
Since it will be an official record it should be in formal business letter style and either given by hand or sent by certified mail.
Rent increase notice template. A rent increase notice is a written document that informs a tenant of the increase in the amount of periodic rent. This where our sample rent increase letter templates can come to your rescue. Typically a landlord must send this letter to the tenant a specific number of days before the existing rent lease expires.
Date the letter was written. Date the rent increase will take effect rent increase amount. A rent increase notice is a document written by a landlord to a tenant for the purpose of officially notifying the latter about an increase in the rental amount.
When writing a rent increase letter be sure to include. A landlord may compose a rent increase letter as long as he adheres to specific legal procedures. We offer you a 15 free rent increase letter template word so that you dont have to write one yourself.
Viewdownload the direct pdf file or as a word document. This notice is to inform you that beginning on insert date of rent increase the monthly rent for the unit you currently occupy unit insert unit number which is located at insert property address will be increased to insert new monthly rent per month. Abc property management 100 5th ave new york ny 10022.
This rent increase notice can be used by a landlord to inform tenants in a rental property that their rental payments will be increasingby using this notice the change in rent is documented in writing preventing misunderstandings miscommunication and future disputes over the rent amount due. As the landlord only you can raise the rent amount if the original agreement permits it and if you give your tenant enough time. Below is a sample rent increase letter from a landlord.
This rent increase notice is one of the requirements of such procedures as its meant to inform the tenant about the increase. State law requires that this notice is provided a certain number of days in advance of the first applicable payment period. If it is sent by certified mail the landlord will have proof that the tenant was notified within the prescribed period of time.
Through these letter templates you will be able to inform your tenant that you plan to increase the monthly rent of the propertythese templates will help you in covering all the necessary information in the letter so that there wont be any confusion or dispute regarding the increase in rent. Sample letter notice to raise rent. Our rent increase notice template can help you put together a notice for your tenants thats easy to understand.
Dear tenant this letter sent on february 1 2018 marks official notice of our intention to raise the monthly rent from its current rate of 500 per month to 550 beginning on april 1 2018. Rent increase notice letter. Suppose you are a landlord you have the authority to increase the rent of your tenant and not abuse it.
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